Spending Still Up – But Clouds Loom
· 67% of industry respondents say water spending will increase for next 12 months – a 14-pt decline since June 2007
U.S. Water Spending Trends
· Slower spending growth is seen for the private sector, and for federal and local governments
· By better than a 2-to-1 margin, respondents believe a U.S. recession will lead to decreased water project spending – with local governments the hardest hit
Water Sectors Attracting the Most Spending…
· Wastewater Treatment (Net Diff. Score = +39; up 17-pts)
· Water Infrastructure Repair & Replacement (+68; up 10-pts)
…And The Least Spending
· Water Filtration (+2; down 8-pts)
· Desalination (-24; up 2-pts)
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British consumer gloom lightens in March-GfK | Financial 24 – 03:39 LONDON, March 31 – British consumers grew less gloomy in March as lower mortgage repayments boosted disposable income even as the recession took an increasingly heavy toll on jobs, a survey showed on…
TAT LOOKing TO MIDdle EAST TO LIFT GLOOM – Nationmultimedia.com – The Nation – Thailand’s top English news website, Thai politics news , business update , Bangkok , Thailand Travel , News in video – nationmultimedia.com.
Doom and Gloom by David Wygant – The stock market is down 300 points… Unemployment reaches 10% in California… Foreclosures are at an all-time high…
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